OECD development aid hits record high in 2013, Europe lags


  • World
  • Tuesday, 08 Apr 2014

(Reuters) - Development aid from rich countries to some of the world's poorest rose to a record high last year, data showed on Tuesday, but contributions from mainland Europe lagged as the region clawed its way out of recession.

The Organisation for Economic Cooperation and Development (OECD), which is considering changing its definition of what constitutes aid, said states in the Paris-based club doled out $134.8 billion (80.4 billion pounds) last year.

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